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, the washington post reports that obama administration pushing banks to give out more home loans to people with weaker credit. did not one of them pay attention to what happened? do they not study history? doe they not understand anything? the reasoning? the housing rebound has left too many people behind. this sounds a little bit, just a little bit like well president clinton. like president bush. gosh, i want inch to have money to buy a house, but they don't. it's hard to disagree with the sentiment. but we've seen what happens when people think in terms of sentiment rather than solution. the market is improves. but here is another view on houses right now. 28% of all homeowners, in this country are still owing more than their homes are worth. the mortgage delinquency rate, on all loans is 7.4%. that is better than what it had been over 10%. just two years ago. but it is still not good. and more than 1.8 million properties in this country received foreclosure filings last year, 1.48 million remain in some stage of foreclosure. and president obama, folks -- i don't know what to say about
to get washington working? if obama is president for another four years, i guess vote democrat to make the house sways back. is that a credible portion of the electorate? >> i think you will find that voters frequently try to express a dissatisfaction. and normally the way they do that is by voting against the incumbent party. and sam, in the house of representatives, that would be the republicans. and so if you were trying to vote anti gridlock in the next congressional election, it seems that would be an anti republican -- >> you know, i might be the only one in d.c. who thinks this, but i have -- >> that's why you're here. >> this is new york. >> for the speech you're about to make. >> i do believe that over time sequestration is going to cause so much pain in these districts that the party that's most associated with it will face electoral consequences. and that happens to be in this case the republican party. and i think they know it, too, which is why they have gone through this painstaking technique of saying it was obama's idea. because they want him to take some of the blame a
editor at the "washington times." emily, what do you make of president obama saying shame on us if we have forgotten newtown? >> i would say the only person that should be ashamed is president obama. we haven't heard him talk about gun control in weeks, and suddenly on the day which everyone knew in advance that connecticut was releasing all this information about what happened at sandy hook, he suddenly has a press conference at the white house and starts calling for more of his political agenda. it's just -- i think it's disgusting. that's what he's been pushing for since before he got re-elected and he will continue to push for it. >> cornel, what about that. almost saying shame on the president. >> same on the president for wanting to protect americans. shame on the president for calling for common sense solutions on guns that 91% of americans support. shame, really here should be on those who stand in the way of it. i mean, look, these high capacity clips, background checks, we have a moral obligation to try to protect, you know, there's no perfect law. however, if we can keep gu
and president obama 8 million dollars on a hawaii vacation while secret service agents can't stay in washington d.c. with their families at christmas time. we're seeing that people who plan their spring break around coming to washington d.c. to see the white house can't do it because they're closed because the president has decided we need to save money. >> sean: since the beginning of the year, if you include the whole obama family, that's two vacations a month, we have to help pay for, hang on a second. >> i'm sorry. >> sean: and if you include the bidens, that's one vacation every month and another one for next month. how many vacations do you take a year, powers? 'cause i don't get that many vacations. >> you know, i go to alaska to see my family, but-- >> once a year, maybe twice. >> no, i get to alaska a lot. i have two little nieces i have to see. but, my point is, i just, the idea that you're getting upset about the girls, i have a real problem with. and-- >> i'm giving you the same picture, i'm giving you biden's trips and hotels bills. and obamas, they can't go to the same location an
in washington. some investors got a very early heads up about a key obama care decision and they made a bundle. another form of crony capitalism exposed. can anything to be done about it? we'll take a closer look. don't forget free market capitalism not crony capitalism there's a huge difference. free market capitalism is the best path to prosperity. "the kudlow report" is coming right back. but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you could take your explorer for service, why do you bring it back to the ford dealership? they specifically work on fords. it seems to me like the best care. and it's equal or less money, so it's a value for me. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. who doesn't enjoy value? [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aeros
washington. peter? >> that's right. sources confirm the obama administration launched a broad push to get mortgages to people with weaker credit records and provide banks with a taxpayer guarantee that they won't make their payments. sources say the administration is working with banks, the federal housing administration, the justice department, and other agencies to help home buyers with lower credit scores, but who might not be able to make mortgage -- who might be able to make mortgage payments now, but can't qualify because the bank is still cautious and tight with the lending standards. critics worry is sews seeds for another financial crisis and taxpayer bailout. >> this is a bad mistake, and it was shown to be a bad mistake by what happened in 2008. we would not have had a financial crisis if we had not followed policies that were intended to increase home ownership by making financing available to people who otherwise would not be able to get mortgages. >> the boom and bust were not caused by providing 30-year fixed rate mortgages to generally qualified families. it was caused by
us now from washington ace reporters carl cameron and james rosen. how seriously, rosen, is the obama administration taking this north korea deal? i mean, these people really can't do much damage. they can invade south korea. they will get their butt kicked, right? >> well, they can inflict a lot of damage. they don't have the missile technology to strap one of their nuclear weapons to a missile and hit our shores, but the bottom line to answer your question is u.s. officials take it very seriously. both, a, because they have nuclear weapons. they have an army of over a million men. we have 28,000 troops stationed in south korea and also this is a cash starved regime that has never met a missile or nuclear technology that it didn't want to or try to sell. proliferation is is a big concern. i have talked, bill, to the guys that have actually dealt face-to-face with the north koreans, we don't have diplomatic relations with the north koreans, but we do have something called the new york channel which operates through the auspices of the u.n. in new york. i have talked to the guys who ha
washington. peter? >> hey, cheryl, that's right. sources confirm the obama administration launched a broad push to get mortgages to people with weaker credit records to help them and housing market as interest rates are at record lows. critics worry it's reviving the risky lending practices that created the financial crisis, but the administration, according to the sources, is working with banks, and the federal housing administration, the justice department, and other agencies to help people who want to buy a home, and they may is a lower credit score right now, but they might be able to make a mortgage payment, and they can't qualify because banks are still being very cautious and tight with their lending standards. >> it's very important for lenders to underwrite carefully and make sure that a person can afford the loan across the entire term of the loan. this effort does nothing to change that. all it does is loosen the credit a little bit to get it to more people who can afford a loan. >> unless we understand what caused the 2008 financial crisis, we're going to make the same mistake
for being with us tonight. we'll see you again tomorrow, go to, good night from washington. over to >> the o'reilly factor is on, tonight. >> president obama is the biggest spending president and has spent more money than any other president combined. >> more shocking examples of government waste, now we are spending taxpayer money on puppet research and snail sex. can washington get things under control? we will debate it. >> you were quoted as basically saying the deal is near, the deal is at hand and all of that coverage got senator rubio to say who, who, who no deal yet. >> deal or no deal? senator schumer says a bipartisan immigration bill is ready to go. but senator rubio says not so fast. where does the legislation stand? we'll have a report. >> i'm angry, i feel very disappointed and i feel like we don't even matter. >> the department of defense refuses to award the soldier who survived the fort hood massacre purple hearts. but why? >> who was the victim? major hasan or the 32 survivors and the 14 deceased? >> we will take a look at this disturbing
away. probably regret that later i bet. and in washington now, the first lady, mrs. obama, making a bit of a freudian slip perhaps? while describing her life at the white house. >> as a busy single mother. or i shouldn't say single. as a busy mother, stimgz when you got the husband as president, it can feel single. but he's there. >> oops. and recovery. she wasn't alone in the verbal missteps. the president is taking heat over comments he made over california's attorney general, kamala harris. he praised her and then said "she also happens to be by far the best looking attorney general in the country." guess what? that comment lit up social media with cries that the president was sexist. on what planet in his mind did he think that sounded like the right thing to say? said a woman. and another wondered if eric holder's feelings were hurt. >>> legendary film critic roger ebert passed away at the age of 70. more on his life and legacy, after a quick break. two thumbs up, and shine a spotlight on unknown films. roger ebert died at the age of 70. this look back at roger beater's career. >>
roosevelt to modern era lead rs like reagan, bush and obama are criticized heavily for helping direct the country's economy. looking at washington today, stockton sees a rogue central bank. too much wall street influence. and two political parties at a standstill. all this he arguing is leading to an even bigger fiscal crisis. we're dpoing to forget about the armageddon. this show is about the next couple weeks and months. i'm not thinking a million years from now but i got to ask you about this. first of all, i think this whole fiscal cliff, this whole thing between the two parties is hopeless. why would a republican member of congress, why would they want to raise taxes so they get the joy of screwing people on medicare? that's -- why should a democrat screw the people who depend on him who are living on medicare and social security to get the rich to pay more taxes? neither one of these things seem to work for me politically. why is the president pushing it? >> well, i don't know. it's not going to happen. it's a problem of our divided government. >> would you vote for either one o
. >>> meanwhile, lots of star power on this day here in washington. the first lady, michelle obama, getting a little star-struck herself welcoming harrison ford and the cast of the new film "42" to the white house. >> i want to thank harrison ford. i wanted to say that for a while. harrison ford. so you think you trip because i'm here? i'm tripping out. >> the film is slated to open next week, tells the ground-breaking story of jackie robinson, the first african-american to play major league baseball. also at the event, students from across the country. mrs. obama had a special message for them. >> you will be something great. don't know what it is. i still don't know what i'm going to do with my life. >> happening now, north korea crosses another line in its nuclear defiance. and the u.s. promises to defend itself. we're going to show you how a new korean war might play out. >>> busted in new york. a lawmaker is accused of trying to bribe his way into a powerful job as the city's next mayor. >>> inside a massive school cheating scandal. educators, educators, accused of holding parties to t
for daily use and a 30-tablet free trial. >>> the obama administration is pushing for banks to make home loans available to americans with weaker credit. cnbc's eamon javers joining us now with more of the details. eamon? >> good evening, brian. the "washington post" reported this story this morning. let me walk you through the details of what they say is a campaign by obama administration officials to push banks to loosen their lending standards when it comes to home mortgages. the "post" saying that the obama administration wants those banks to begin to lend again post-crisis. they say they've ratcheted the standards up too high and they want the banks to use those taxpayer-backed programs that enable them to do it and they're also urging the department of justice to reassure banks they won't be subject to prosecution or investigation if they move toward lending to people with lower credit scores. apparently, obama administration officials now feeling that some of the bank loan requirements of 20% down and near pristine credit scores are too high and that's hurting the housing recovery
until 2009. >> i ran for president because i thought we needed big changes and i do think in washington it is a little like "american idol," except everybody is simon cowell. >> president obama decided he should hang with jay one more time when he was once again a presidential candidate, this time running for re-election. >> what is a cure for romnesia? >> well, obama care covers pre-existing conditions. if you have a case. the main cure, make sure you vote. >> joining me by phone, the man that spoke with jay leno about today's news, bill carter, national media reporter for "the new york times." bill, you spoke to jay and the story that you've written on it indicates this sounds like an orderly transition. >> that's what they're going for for sure. they have been through a lot of disorderly transitions in their history, and they were leaning the same direction until they got it sort of back on track in the past ten days. basically, jay agreeing to do it, the only way to make a transition work is for the outgoing host to decide yes, it is time for him to leave, same with johnny carson, c
headlines on this sunday. president obama spent easter morning at st. john's church in washington. he walked to sunday services from the white house with the first lady and their daughters. the president will head to denver this wednesday to push for stricter gun control laws. republican senators marco rubio and rand paul have already threatened to filibuster proposed legislation. mark kelly, husband of former congresswoman gabby giffords had a message. >> 94% of his constituents support a universal background check. for senator rand paul, it's about 83% in kentucky. they should listen to their constituents and certainly shouldn't be getting in the way of the process. >> and the deal on immigration reform. it appears closer than-of-business and labor workers came to an agreement. hoping legislation will be finalized this week. then head quickly to the floor for debate. an optimistic south carolina saturday lindsey graham on cnn this morning. >> exception the we have an agreement between business and labor, between ourselves. it has to be drafted. rolled out next week. yes, i believe it will
enthusiastic about president obama's new budget plan including president obama. >> the offer that president made to speaker boehner which is incorporated in the president's budget is not the president's ideal approach to our budget challenges. >> for once everyone in washington agrees. of course, the plan includes tax hikes which republicans call a nonstarter. the president is also calling for cuts to social security and medicare which many progressives call a nonstarter. they call it far worse names. does the new proposal stand a chance or is it just a colossal waist of time? out front, hugh hewitt and jim kessler, co-founder of third way. both of them friends of mine. i'm excited to you have here. thank you so much for being here. jim, i'll start with you. the president's plan will be released in full next week. it's a few months late. but we won't begrudge him for that. we don't have the details. parts are similar to the final compromise that the president offered house speaker john boehner when negotiating before the budget talks fell apart. john boehner, nonetheless, slammed the propos
-un, would be san diego, washington, d.c., hawaii, and austin. >> i'm confident president obama is taking a stand. he's our president. i'm confident that the american people will rally behind him. this is a point of unification. this is a defining point in america's history. people need to understand what the north korean threat is. it's perhaps the fifth largest force in the world. they have chemical, nuclear, biological, and nerve weapons. in the event of an attack on seoul, hundreds of thousands of people would die very, very quickly. we have moved missile systems to guam, the most important american base in the pacific. and so the white house is now looking at what they need to be doing, perhaps they've calculated or miscalculated in the past. but there needs to be an understanding on fox and every news network and every newspaper that this is an adversary, that these people want to kill americans. now, some would say, well, this is about money. this is about foreign aid. this is about propping them up. this is about giving them food and fuel. it may be in the end. but the united stat
. take a look at reaction -- we'll keep an eye on the reaction today. >>> obama administration pushing u.s. banks to make more home loans to people with weaker credit. sounds like stories of the past. "the washington post" reports the president's economic advisers say the housing market is leaving too many behind as it rebounds especially young people looking to buy their first home and those whose credit reports were hurt by the recession. housing officials are urging they won't face penalties to people who later default. it opens the door to risky lending that led to the housing crisis in the first place. the same is happening here in britain. >>> bp put its wind power business up for sale. the unit is worth $1.5 billion is a retreat from alternative energy to focus on core oil and gas operations. wind power is one of the largest renewable businesses and bp is among the largest u.s. wind generators. shares are just fractionally higher in london today. that's outperforming the market. hash tag earnings. s.e.c. making a big decision regarding company news and social media. bertha coombs
. president obama announced he'll return 5% of the salary in support of federal workers who will be furloughed. 5% is off the 400,000 take home pay equals $20,000. joining us from washington, d.c., what say you about this, mr. moore? >> great to be with you. look, it's a smart political move by the president. he was coming under attack from a lot of republicans for not being, you know, susceptible to same cut in salary that federal workers are, and i think this is a shrewd political move. members of congress should take a 5% cut. i'd permanently cut that pay by 5%. just in terms of fairness, and i hate to use that word, but i think it's a very good policy. dagen: in terms of the political momentum, how much does he get? when you say "shrewd," i think it means we'd have long lasting impact on the political pop pew particularity, think it will? >> maybe. it's a small gesture, but important. i applaud him for it. i'm not saying he's doing this for political reasons. i think he does feel kind of a brotherhood with the federal employees, and, look, i live in washington, d.c., people on my street ar
. >>> for years now, we've been hearing opponents of president obama and some supporters of his say that he just isn't willing to fight for what he believes in. that he compromises too easily, that he gives up too easily. today, with most of washington politicians and the political media firmly convinced that nothing significant can be done on gun and ammunition control, the president stubbornly stood and fought for it, but he did not stand alone. he stood with the parents of children from connecticut to california whose lives were snuffed out by gun violence. >> that anguish is still fresh in newtown. less than 100 days ago that happened. and the entire country was shocked. the entire country pledged we would do something about it and this time would be different. i haven't forgotten those kids. shame on us if we have forgotten. >> the president pushed for approval of all of his legislative proposals, including an assault weapons ban, a limit on high-capacity magazines and he especially emphasized his most popular proposal. >> 90% support background checks that will keep criminals and people wh
after the show launched a ceremony was held in washington, d.c. for the unveiling of dr. martin luther king jr.'s memorial and with president obama giving the keynote address we thought it would be a perfect time to look at legacy of dr. king alongside the man who walks in his wake, the nation's first black president. we discuss dr. king to occupy wall street. we were proud of that segment then and still are today. take a lock. >> back with msnbc contributor and columnist, one of my favorite magazine "the nation," melissa harris-perry and bob herbert, author of "waking up from the american dream" and our special guest whose play "mountaintop" opened last week. want to play this clip from dr. king on "meet the press." it's awesome we have the nbc library and got to watch every appearance of dr. king on "meet is press." this is dr. king talking about the efficacy of non-violent direct actions and demonstrations. >> recent polls suggest that in terms of national reaction, demonstrations are now counterproductive. by continuing them, don't you run the risk of doing more harm than good? >>
Search Results 0 to 23 of about 24 (some duplicates have been removed)